Things to know before you consider North Gaia EC
The EC land parcel at Yishun Ave 9 drew in a higher-than-expected leading proposal cost of $373.5 mil from Singapore-listed property programmer Sing Holdings. The price equates to a land price of $576 psf ppr. The bid price is better than market expectations that variety from $500 to $550 per square foot per plot ratio. The last 2 ECs released in Yishun were both in year 2015. The brand-new EC at Yishun, now known as North Gaia, will certainly be the next, as well as it will be sometime in 2022, which is 6 to 7 years after the last two EC tasks were launched.
North Gaia EC, Area 27, is a household sanctuary for the regular city slicker. Located along Yishun Ave 9, the new North Gaia EC at Yishun is a suv sanctuary for the regular city dweller. The homeowners will certainly appreciate the closeness to rich greenery at Sungei Khatib, which offers residents a scenic view and is a guaranteed plus factor for nature lovers. It is close to Sungei Khatib with its lavish plant that will certainly appeal to nature enthusiasts looking for a scenic view. The new executive condo has an unblocked view of the water and also the nature park.
This site is an Executive Condominium (EC) land parcel, situated at the crossway of Yishun Avenue 8 and also 9, alongside the Harmony Suites condo. Aside From 9 Houses, situated about six hundred metres away, the other homes here are HDB apartments. Like several other EC sites, it’s fairly much from the MRT station– roughly 1.6 km. However, it is within 700 metres (nine minutes’ walk) of the Junction 9 shopping mall. This is the first EC launch in Yishun in 2015, the last being The Signature and The Criterion.
Source: North Gaia north-gaia.com
The site is surrounded by many amenities to create a pleasant living environment. A short drive to Northpoint City, the latest mega integrated mixed development and transportation hub in Northern Singapore, a favourite haunt for the nearby residents. It offers diverse retail outlets, food and beverage, food courts, additional choices for grocery shopping, community club and public library. Future residents of North Gaia EC will enjoy the convenience of amenities with cinemas, restaurants, supermarket, and eateries.
Why buy North Gaia? Efficient layout & design allows flexibility in customization. Minutes walk to the food court, markets and convenient stalls. Attactive rental with close proximity to G.E.M.S International School + Seletar Aerospace Park. Free 1 Year Shuttle Bus To Yishun MRT & Bus Interchange. Within 1km To Yishun Integrated Mall with Interchange/ North Point City. Near Health care center; Khoo Teck Puat Hospital, the Yishun Community and Yishun Pond was revamped with a three-storey lookout tower. Developers have confidence in ECs, for the reason that these are some of the more in-demand types of properties. ECs are a cross between public and private housing; they are only HDB properties for the 1st few years, and are fully private after that.
North Gaia EC is also near emerging growth areas, namely the Woodlands Regional Centre and the Seletar Aerospace Park which will offer more job opportunities closer to home. The Woodlands Regional Centre is earmarked as the largest economic hub in northern Singapore and the authorities plan to introduce new spaces for business, industry, and research and development in the area over the next 15 years.
Yishun, originally known as Nee Soon, is a area located in the northeastern corner of the North Region of Singapore, bordering Simpang and Sembawang to the north, Mandai to the west, the Central Water Catchment to its southwest, Ang Mo Kio to its south, as well as Seletar and Sengkang to its east.